ABSTRACT
While the ‘extreme’ strand of the anti-globalisation activists may disagree, the ‘globalisation institution’ has come to stay (for a while at least). Characterised by ‘shrinking space, shrinking time and disappearing borders’ this era of globalisation is opening many opportunities for millions of people around the world through increased trade, new technologies, foreign investments, expanding media and internet connections, and fuelling economic growth and human advances. These have resulted from breakthroughs in communications technologies and biotechnology, and led to integration of global markets, global technology, global ideas and global solidarity. There is more wealth and technology, and more commitment to a global community than ever before. All this offers enormous potential to continue the unprecedented progress of the twentieth century and eradicate poverty in the twenty-first century.
